Mumbai: The State Bank of India (SBI) raised its base rate (BR) – a benchmark used for some of its floating rate loans – by 10 basis points (100 bps = 1 percentage point). This decision is taken as a signal that the cost of funds will gradually begin to …
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The most widely used measures of consumer price inflation hit their highest levels in decades, with the consumer price index rising 6.8 percent only from November 2020 to November 2021. These sharp price increases seem abstract, but a new analysis of the Ivy League shows how the continued rise in …
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Yes, Joe Biden not only can but has to have a second grand opening, or we may not have one for a while. Photo: Rob Carr / Getty Images The Democratic Party has a big strategic problem in view of the next two election cycles. The 2022 midterms are stacked …
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Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday warned depositors to be cautious when looking for high yields as this carries higher risk. Observing that depositors themselves must also exercise good judgment, he said it’s important to keep in mind that higher yields or higher interest rates are …
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The economy created an average of 555,000 jobs per month this year, but the pace of hiring has been uneven. Washington, December 10, 2021 – Millions of Americans have regained the jobs lost during the pandemic, but soaring prices this year have complicated the United States’ economic recovery. The severity …
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On November 19, 2021, HR 5376, the 2,476-page bill, commonly known as the Build Back Better Act, passed the United States House of Representatives by a vote of 220-213. The House vote on HR 5376 came after the Congressional Budget Office released its cost estimates for the proposed legislation. He …
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Scottish producers with cumulative marginal gains continue to dominate the top third of players in the livestock industry, according to a new report. Gradual improvements are critical to the success of Scotland’s top-performing producers, according to the Quality Meat Scotland (QMS) report, which examines the company’s profitability for the 2020 …
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Customers can open their hearts and continue to circle their financial wagons: charitable giving, well structured, can protect wealth. “I have several clients who have done estate tax planning and have met what they want to give their children in trust. Most of these clients [then] gravitate towards allocating the …
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NEW YORK, December 04, 2021 (GLOBE NEWSWIRE) – Faruqi & Faruqi, LLP, a leading national securities law firms, is investigating potential claims against Eargo, Inc. (“Eargo” or the “Company (NASDAQ: EAR) and reminds investors of the December 6, 2021 deadline to apply for the role of lead plaintiff in a …
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December 4, 2021 THE TAX President Joe Biden’s plans were once full of lofty promise. He and Democrats in Congress would reverse Don ald Trump’s tax cuts, make the rich pay more, and fully fund all kinds of desperately needed climate and social policy programs with the proceeds. The middle …
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